The European Union, China and various states within the United States have announced new environmental protection laws and effective dates aimed at manufacturers of electronic equipment and related products. For Taiwan's high-tech manufacturing industry, which depends on the export of these goods, these laws have become an urgent issue. Its products include optical-electronic products like digital scanners, computer peripherals such as mouse products, paper handling equipment and communication accessories. As a result of these regulations and associated client demands, Primax began evaluating environmental regulatory compliance issues as early as the fourth quarter of 2003. At that time, the company estimated that most of its clients would eventually have to satisfy environmental regulations. Consequently, Primax believes that addressing environmental protection is a strategic program that will directly impact the company's revenue opportunity. As such, Primax has approached the issue systematically rather than through a case-by-case approach, as it is more scalable and cost-effective.
Mr. Honda Lee, director of the Engineering Service Center, Corporate Quality Assurance Department of Primax, said, "Primax started using Windchill in 2000 as its Product Lifecycle Management (PLM) system. Subsequently, Primax began evaluating environmental regulatory compliance solutions from a variety of leading vendors. After the evaluation, Primax found that extending the use of Windchill for environmental regulatory compliance was the quickest and most economical way to integrate environmental regulatory compliance into new product designs."
"Implementing Windchill for environmental regulatory compliance was a strategic corporate initiative for Primax, as almost every department in the company had distinct requirements. Providing a solution to help ensure that the company's more than 1,500 products and supporting material of tens of thousands of components meet current environmental requirements is quite an undertaking," said Chad Hawkinson, director of electronics and high tech, product & market strategy, PTC. "In addition, Primax is also tasked by the challenge to re-certify components, process tests, process controls, and even re-design some products. By incorporating environmental regulatory compliance capabilities with their Windchill-based PLM system, users are better able to manage the process and analyze products for compliance in real-time. This helps save re-work and improves time-to-market."
Specifically, Primax was able to leverage their PTC PLM system to provide support for several key environmental regulatory compliance requirements including:
-- Reducing the number of redundant parts used by different organizations
-- Managing component identification, restricting substance survey collection and storage and testing reports
-- Analyzing components for quantities of RoHS restricted substances
-- Searching BOM information and related material structure to determine compliance
-- Identifying lead-free production procedures required for specific products and plants
-- Exchanging symbols and attributes, and collaborating with suppliers
Primax was established in Taiwan in March 1984. The Company focuses on a diversified product portfolio comprising 4 segments: Optical-Electronic Products: scanner, phone camera and multifunctional peripheral (MFP); Computer Peripherals: mice/pointing devices, gaming controllers, surge protectors and broadband products; Paper Handling Equipment: paper shredder and laminator; Communication Accessories: mobile phone and telephone accessories. Primax has manufacturing sites and R&D operations in both Taiwan and China, sales and marketing offices in Hong Kong, Japan, Europe and the United States. Today, Primax is a leading solution provider for information, electronics and consumer products. Since established, Primax has continued to expand its global OEM/ODM customer base, which includes many famous world-class leading companies.
About PTC Solutions for Electronics & High Tech
PTC solutions for electronics & high tech are designed to meet the product lifecycle management requirements of electronics manufacturers. These solutions include product development process and data management, electronic verification and collaboration, environmental regulatory compliance (RoHS, WEEE, etc.) and 3D mechanical design. PTC has over 3,000 high tech customers, including the top 30 electronics manufacturers across the globe.
PTC (Nasdaq: PMTC) provides leading product lifecycle management (PLM), content management and enterprise publishing solutions to more than 40,000 companies worldwide. PTC customers include the world's most innovative companies in manufacturing, publishing, services, government and life sciences industries. PTC is included in the S&P 500 and Russell 2000 indices. For more information on PTC, please visit http://www.ptc.com.
Except for the historical information contained herein, matters discussed in this news release may constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected. These include: the successful development and integration of the technology necessary to support an integrated Product Development System that adequately responds to the evolving customer design, data management and regulatory testing requirements of customers within the high-tech and electronics industry; continued growth in the adoption of PLM solutions; and PTC's ability to extend the functionality of our solutions beyond that traditionally served by PTC (including regulatory compliance); as well as other risks and uncertainties detailed from time to time in reports filed by PTC with the Securities and Exchange Commission, including the Company's most recent reports on Form 10-K and 10-Q.
PTC Nicole Rowe, 781-370-6369 Email Contact or Weber Shandwick Amanda Keane, 617-520-7260 Email Contact